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Finance

Chinese money debuts in Premier League with Guochuan Lai taking over West Brom

August 5 – West Bromwich Albion are the latest English side to fall into the hands of ambitious Chinese owners following the acquisitions of neighbouring Midlands clubs Aston Villa and Wolverhampton Wanderers.

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Europe

‘Sack race’ data shows clubs should not jump into firing manager mid-season

August 4 – With the European season set to start over the next three weeks across the Big Five markets, a raft of new managers will be looking to bring early success to their new clubs and avoid the mid-season managerial change threat.

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Finance

Premier League transfer spend hits £475m in July with Pogba deal to come

Transfer money record

August 4 – Premier League clubs have spent £475 million in the month since the summer transfer window opened on 1 July, according to business analysts Deloitte, slightly down on the £515 million outlay  at the same stage last year.

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Europe

Leeds United become latest Championship target for China’s big money players

Leeds United

By Paul Nicholson

July 29 – Chinese investors are reportedly circling around a third English Championship club. Leeds United, like Aston Villa and Wolverhampton Wanderers that are both under new Chinese ownership, are considered a ‘sleeping giant’ waiting to return to their glory years. Chinese money could provide the boost they need to achieve this.

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Finance

China’s Fosun moves into England club ownership buying Wolves for £45m

July 22 – Wolverhampton Wanderers, one of the most evocative names in English football but for several seasons in the second tier of the domestic game, are the latest club to fall into the ambitious hands of Chinese ownership following the announcement they have been bought by Fosun International.

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Finance

US investors complete £100m buy into Swansea City

Swansea fans

22 July – American owners of British football clubs have not always proved ideal bedfellows but Swansea City will hope for a different outcome after an American consortium completed the purchase of a controlling stake in the Premier League team.

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Finance

Hull City put sale talks on hold as Bruce builds his team

Hull Tiger

July 21 – Premier League club Hull City, promoted back into the top tier after a year in the Championship, will be sold, but not just yet. Owner Assem Allam has put negotiations on hold until after the summer transfer window closes and while they recruit players for the upcoming season.

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Finance

Cowboys take Real Madrid’s world’s most valuable team title, Man Utd hold 5th spot

July 15 – Real Madrid have slipped to second behind NFL team the Dallas Cowboys in the annual Forbes list of 50 Most Valuable Sports Teams.

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Finance

QPR take step to new stadium with planning permission for 605 homes

July 15 – English Championship club Queens Park Rangers, relegated from the Premier League three seasons ago with record losses, have taken a step nearer their dream of a new 40,000 seat stadium in West London after being granted planning permission to build 605 new homes the Old Oak Common site.

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Europe

Bundesliga and Premier League set Euro benchmarks for fans and stadia

July 6 – The Bundesliga and Premier League will continue to dominate the business of football with their big and modern stadia; France, thanks to new stadia for Euro 2016 are getting better but need to do more, Spain and Italy are off the pace.

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Finance

US investor Bruin Sports Capital builds global position with Deltatre acquisition

June 30 – Sports media service company Deltatre, which provides data and broadcast solutions for clients including UEFA, FIFA, and the English Premier League, has been acquired by fast growing US sports investor Bruin Sports Capital. No figure has been disclosed for the deal but Deltatre’s two founders, Giampiero Rinaudo and Luca Marini, will “keep significant minority shares”.

Read more …

Finance

European Stadia: big money sticks to clubs that own their own homes

By Paul Nicholson

June 27 – One of the major legacies of the France 2016 European Championships will be the new and renovated stadia that the French clubs are left to play in. But with 19 of Ligue 1’s club stadia owned by municipalities, will the clubs really benefit from the increased revenue opportunities?

Read more …

Europe

Iranian money plans €100m takeover of Olympique Marseilles

By Samindra Kunti

June 27 – Olympique de Marseille (OM), struggling financially under president Vincent Labrune, look poised to announce new money into the club with Iranian investors reported to be ready to splash the cash to rejuvenate the French giant. 

Read more …

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